YGG SEA announced a new partnership with Solana’s investment arm (SOL/USD) Solana Ventures to boost its operations in Southeast Asia, Invezz learned from a press release. The partnership will provide resources to the region’s game developers and wider community.
Solana Ventures co-led a $500,000 private investment round for YGG SEA, of which the partnership is part.
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Solana Ventures and YGG SEA’s country managers will collaborate to develop training programs on building projects on Solana and to give game development studios access to engineering resources to help deploy new titles in the Solana ecosystem.
This will speed up game development and launches in Southeast Asia, which has 225 million fans of esports and gaming.
Matt Beck, Head of Solana Ventures, commented:
Southeast Asia is a major hub of innovation in blockchain games, and we are excited to partner with YGG SEA to build sustainable value in the Southeast Asian communities and developer ecosystem. Game companies should not only focus on monetization. Our plans are to build out learning and development resources to create real, long-term value in Southeast Asia, and ultimately help bring the best games and products to market.
Evan Spytma, CEO and Co-Founder of YGG SEA, added:
The demand for play-to-earn games is higher than ever, especially in Southeast Asia’s countries. YGG SEA’s core team and country managers have a deep understanding of the cultural nuances in this diverse region, and have been building our community of scholars from the ground up since early 2022. The new partnership with Solana Ventures will give YGG SEA an incredible boost and help us offer the best resources to players and developers in Southeast Asia as we continue to serve the needs of the region’s gamer communities.
Solana’s partnership with YGG SEA is a critical step toward its ultimate goal to expand in the region as Southeast Asia’s gaming community is an integral part of the global video game industry.
YGG SEA’s scholars will be able to access more and more popular games built on Solana as the range of titles available to the members of the play-to-earn community grows.
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